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Our Summary
- Full Planning Permission For 8 Residential Apartments
- Strong Potential For Residential Development, Holiday Lets, Commercial Use, Or Mixed Use Strategies
- Pre Auction Offers Considered
- Auction Pack Available On Request
- A rare and highly versatile freehold development opportunity located in the heart of Bournemouth
- The lot comprises a substantial warehouse/office building with full planning permission granted for the creation of 8 new apartments, together with an adjoining two bedroom terraced cottage at 23a Norwich Road, included within the sale
- 2 miles), this site offers exceptional potential for developers, investors, and commercial operators
- The Cottage – 23a Norwich Road A two bedroom terraced cottage forming part of the title, offering additional rental, resale, or redevelopment potential alongside the main scheme
- Planning applications can be found via BCP planning portal: • 7-2020-26280-B • 7-2022-26280-C • 7-2022-26280-D This property is for sale via Online Auction
- This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
- The auction will run for 3 hours on a set date and time chosen by the vendor of the property
- The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
- Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
- The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
- Properties may be sold prior to public auction if an offer is accepted by the vendors
- **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
- **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold
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Description
The property is a prime freehold warehouse located in the heart of Bournemouth, with full planning consent for the creation of 8 new apartments, including a two-bedroom terraced cottage at 23a Norwich Road. The warehouse itself consists of a two-storey rendered office/showroom with a pitched tiled roof, connected to a brick-built rear warehouse with a flat/mono pitched roof and daylight panels. Internally, the warehouse features a split-level timber mezzanine and steel staircases, providing flexible and adaptable space.
The cottage is a two-bedroom terraced property with potential for rental, resale, or redevelopment.